BATS:IEO

Ishares U.s. Oil & Gas Exploration & Production Etf ETF News

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$119.25
-0.320 (-0.268%)
At Close: Jun 04, 2026
Global oil prices climbed above $92 a barrel on Tuesday for the first time in nearly 10 months as the energy market braces for supply disruptions caused by catastrophic flooding in Libya.
Traders focus on tight supplies as Saudi Arabia and Russia have recently extended voluntary production cuts.
The crude oil market has rallied a bit during the trading session on Tuesday, as it looks like oil is ready to break out again.
US stocks slipped Tuesday, while oil prices climbed ahead of Tuesday's release of the August inflation report. Brent crude, the international benchmark, surged above $91 a barrel.
Brent crude surpasses $90 due to Saudi and Russian supply cuts, as stakeholders await U.S., Europe indicators and IEA, OPEC reports.
Brent crude futures hovered just above $90 a barrel on Tuesday, as investors awaited a slew of macroeconomic data due later this week that could indicate whether Europe and the U.S. continue to hike i
Crude oil is trading near 10-month highs. OPIS Global Head of Energy Analysis Tom Kloza tells Yahoo Finance Live that he doesn't think that oil prices are going to go that much higher, however, he cau
Oil prices ended a bit lower on Monday, easing back after logging a more than 2% gain last week. While demand concerns continue to “headline downside risk” for oil, fundamental conditions remain u
Production cuts provide significant support to oil markets, but some traders are worried about a potential slowdown of the world economy.

Oil Rally Has More Room To Run

11:36am, Monday, 11'th Sep 2023
Global oil markets could get tighter in the remaining months of the year.
The lead oil contract rose over 2% last week, and has jumped close to 10% over the last two weeks, as Saudi Arabia announced it would extend a production cut of 1 million barrels a day through the end
Oil prices dipped over China's economic concerns, while Saudi Arabia and Russia extended supply cuts by 1.3M barrels, awaiting IEA and OPEC reports.
Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Sa

Saudi-Driven Oil Rally Set to Continue

07:26pm, Sunday, 10'th Sep 2023
Oil prices are in focus after Saudi Arabia and Russia extended output cuts to the end of the year. Brent crude remains above $90 a barrel and New York traded futures are within striking distance of th
Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.
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